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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Jul 03, 1935
Page
5
The New York Stock Exchange closes with mixed results as numerous industrials and utilities show fractional gains and losses. Major movers include Alaska gold and Am Crn Ab, with notable activity across AmWinPt and Colgate amid broad fluctuations in the afternoon.
AP stock report lists assorted company prices and bonds with fractional quotes. Entries include Amoco, American Cyanamid, Amoco Production, Amoco G & BEB, Maracaibo, Sup Pow, Nat Gas, AmSoc, Hrifo Mtg, City Sve, Cons 2Cop Min, Mexican bond, Ford Mot, Gulf Oil, Hecla Min, Humble Oil, Lib McN & Lib, Newmont Min, Penn Road, Pure Oil, Texan Oil, Unit Power, and Unit Verde with varied price points and yields.
AP reports Chicago grain prices with wheat at July 86 1/8 and September 87, December 89. Corn for July 1 1/8, September 75 1/4, December 64 5/8. Oats for July 34 7/8, July options 33 1/8, also 34 5/8.
Federal farm meeting 3 1/4s and 3s notes appear alongside bond figures 47-52 and 64. The excerpt lists bond prices and farm meeting references with scattered numerical values.
Galveston on July 3 reports spot cotton steady at 12.20 per unit with middling quality. Total sales reached 73, according to AP dispatch from Galveston.
Pre holiday apathy left the New York stock market in narrow bounds. A selected group of motor accessory, public utility and New York bank shares edged forward modestly, while other areas showed irregularity. Trading was light with 720,450 shares sold and a steady to firm closing zone.
New York July 3 AP Cotton trading remained quiet with pre holiday liquidation and scattered selling amid favorable weather and crop conditions. Trade bought and covered. Futures closed steady with July at 12.13, October 11.80, December 11.74, January 11.76, March 11.83, May 11.88. Spot middling 12.45.
Western grown wools were moderately active with French combing 64s and finer at 68-70 cents secured, while short French combing sold around 65-67 cents in sizable lots. Strictly combing 48s to 1/4 blood territory wools moved 56-60 cents secured. French combing 58s to 1/2 blood territory wools traded in moderate volume at 66-69 cents.
AP report from Kansas City notes hog markets with 1000 head and top 9.25 for choice 190 230 lb pigs and ranges 170 240 lb at 9.10 9.25. cattle total 2200 with calves 600 and steers 1116 and 1375 lb at 11.25 and 8.50 10.50 for red steers. grass steers 6.50 7.00. Oklahoma cows up to 6.00. top wealers 8.00. Sheep 1500 with lambs about 10 higher and native lambs at 8.25.
Washington July 3 AP William Hitz 63 associate justice of the District of Columbia Court of Appeals died at his home today of heart disease. A native of Washington he was appointed to the bench by President Wilson in 1916 and elevated to the Court of Appeals in 1931. He ordered Harry F Sinclair jailed after the oil magnate refused to answer questions before a Senate committee years ago.
El PasoJuly 3 AP The eighth court of civil appeals upheld Texas oil conservation law validity in six hot oil suits in favor of the state. One suit was reversed and remanded on jurisdiction. Suits involved east Texas pool production transferred from Texarkana. Judgments for the state totaling 15750 in penalties.
Washington big fears rise as Democratic leaders seek to calm House revolt over Tennessee Valley Authority amendments. Analysts warn of clashes ahead as rules committee probes RFC attorney Corcoran while administration concessions fuel resentful mood.
Senator Huey P. Long of Louisiana narrowly avoided a blow on a crowded Shoreham Hotel terrace. Washington attorney Burr Tracy Ansell swung at him but missed. Ansell says he resented Long approaching his table and Long says he just danced poorly and apologized for stepping on a foot, unaware of Ansell.
Santa Fe July 3 AP announces Jorge M. Amachastegui appointed consul of the Argentine Republic for the Western States including New Mexico. His headquarters will be in San Francisco California under Governor Clyde Tingley.
Western senators said little chance exists this session for ratifying a sanitary convention with Argentina that would allow disease free cattle imports. Range cattle interests oppose, arguing hoof and mouth disease risk and potential harm to American cattlemen amid low beef prices and tariff barriers.
A 14 member recruiting team from Ft Bliss arrived downtown and will stay until Saturday. They set up in six small wall tents and one large tent opposite the police and fire station. They may take as many enlistment applications as offered for any Ft Bliss unit. Age limits are 18 to 45. The party is commanded by 1st Sgt White.
H H Lewis head of the local FERA office reports a Santa Fe letter stating about 92 more veterans on relief rolls will be enrolled in CCC Camps around July 10. Veterans must obtain application blanks at the National Reemployment Office in the City Han and present them at the Armory FERA to verify relief status. Veterans on relief may be chosen, and those with dependents may enroll if they allot three quarters of pay to dependents.
Clovis New Mexico July 3 AP Match play starts in the second annual Eastern New Mexico West Texas Open with contenders led by Paul Gore Amarillo tourney medalist who shot 71 in qualifying. Shorty Hornbuckle defending champion and J R Bradshaw of Lubbock posted 72 as top qualifiers.
Three bandits who robbed the First National Bank of Bronte Texas near Abilene yesterday were reported heading toward the New Mexico state line. County and state police across the border area were alerted to intercept the getaway car. Sheriff Thomas and Sheriff Bean announced ongoing efforts to track the trio as authorities coordinated with Albuquerque police and the Department of Justice.
Rep Edward A Kenney Democrat of New Jersey argues most Americans gamble and that at least 70 percent of House members buy lottery tickets. He backs a bill creating government lotteries to cut federal and state taxes and estimates lotteries could yield $1,000.
A preliminary report on a 2.25 million dollar water supply project for Albuquerque was filed with the State Sanitary Engineer by W. R. Holway. The plan calls for two reservoirs in the Jemez valley fed by gravity through a 27 inch pipe 52 miles to the city, with 75 thousand dollars annual pumping savings after 30 years and 55 percent city bonds backed by a federal 45 percent grant.
Herman C Ilfeld son of Charles Ilfeld founder of the Ilfeld Company and a well known Las Vegas businessman dies in Las Vegas New Mexico on July 3 AP report notes his prominence in regional commerce and family legacy with the Ilfeld name continuing through the family business and local affairs.
Albuquerque July 3 four stills were seized in two raids forty five miles south of Roswell by the alcohol tax unit acting chief investigator Harold S Dew. The stills were of 50 and 75 gallon capacity and no arrests were made.
Santa Fe July 3 AP The first complete index of service records for all men who served in New Mexico national guard or state militia is underway under an FERA project. Begun June 14 the effort aims to finish by October 1 with about 15000 names from Civil Spanish American Indian wars and border service included to aid pension processes.
A couple seeks an immediate rental of a nicely furnished five or six room house close in with a garage. Replies should be sent to box 888 care Record Office. J3tfe Quality Circulation Gets Results.
The document records items 16 to 20 on deposits and investments, notes secured and unsecured pledges, and totals for deposits of 3 356 152 62 dollars with investments totaling over 2 653 061 50 and 703 091 12, plus a memorandum of pledged loans and securities totaling 1 866 889 03 to 3 740 736 30 dollars. It includes a notarized statement by cashier J. E. Moore dated July 3 1935 and notary MARY R. COONEY, with advert placement.
New Orleans July 3 spot cotton closed steady with a 10 point rise. Sales reached 500 bales as middling cotton quoted at 12.45 per hundredweight in a calm market.
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