Stocks End Mixed After Late Rally In Turbulent Session
Profit taking capped one of the year’s buoyant sessions as early gains faded in final minutes. General Electric United States Steel and Bethlehem Steel among those regaining losses, while International Harvester Case Deere and United Aircraft lagged. Inflationary mood drove dollar declines and sterling gains. market activity slowed after an initial rush, with 7,024,250 shares traded.
MENTIONED IN THIS ARTICLE
Securia
New York
General Electric
U. S. Steel
Bethlehem Steel
New York Central
Pennsylvania
Allied Chemical
du Pont
Westinghouse
Reynolds Tobacco
International Harvester
Case
National Distillers
Deere
United Aircraft
American Can
Union Pacific
American Tobacco
Santa Fe
Lackawanna
Delaware & Hudson
Galveston Spot Cotton Steady at 10.15 Cents
Galveston July 7 spot cotton held steady at 10.15 cents middling as sales reached 300 bales. Market watchers noted demand remained cautious with buyers selecting grade quality and delivery timing.
MENTIONED IN THIS ARTICLE
Galveston
Wool prices rise on foreign exchange impact in Boston
Territory wool asking prices advance as foreign exchange strengthens. Some sellers refuse to ship average French combing 64s and finer territory wools in original bags at 72 to 73 cents scoured. Good French combing and average strictly combing staple move to 74 to 73.5 cents scoured.
MENTIONED IN THIS ARTICLE
Boston
New York Cotton Opens With Decline On Dollar Drop
New York July 7 opening in cotton followed a sharp dollar decline. October contracts slipped from 19.76 to 10.41, about 22 points lower, with heavy profit taking. Afternoon activity waned and stayed near the day’s lows. Futures closed barely steady and 10 to 23 points lower.
MENTIONED IN THIS ARTICLE
New York
Kansas City Livestock Market Report July 7
U S Dept of Agriculture data from Kansas City shows calves steady with active veal demand and higher spot prices for some vealers. Hogs traded 4.35 to 4.50 for 180-325 lb, sows 3.50 to 3.85, and sheep steady with top native lambs around 7.65.
MENTIONED IN THIS ARTICLE
Kansas City
U. S. Dept
Castle
Kansas
Texas
Chicago grain markets wrap up on July 7
Chicago grain and livestock futures finish with July wheat at 96 5 8 to 3 4, September and December moves. corn July at 60 1 4, September 63 3 4 to 64, May 73 1 2 to 74. oats July 45 1 8 to 28. rye July 78 7 8 to September 80 0. barley July 56 5 1 3. lard July 6.97, September 7.27. bellies July 7.68, September 8.02.
MENTIONED IN THIS ARTICLE
York
McKetin
Moth
Murray
Nash Mtr
Nat Bis
AmWooin
Nat Cash
Nat Dary
Nat Dist
Des Nat P&l
Armlilb
I Es Cctl
Atchison
Nynh&h
Ref
NY Ontw
Auurn
Ntk Wst
Cor
Na Aviat
Noramncc
Nor Am Pf
Bendix A
Nor Pac
OwTllGl
Beth Sti
Pacg&e
Packard Borden
Phil Pet
Pullman
C&orail
Chi Ri&p
Coca Co
Rey Tob Col Fuel
Col G&e
Reytobb
Safeway
St L&is F
Schulte
Congo Na
Sears R
Con Gas
G&e
Diam Mat
O Cal
Deug Air
Dregs Inc
Stern
Thu Pont
St Whbstr
Eastman
Studbkr
Tex& Pac
Elec P&l
Erie RR
Texas
TexCorp
Utp&laa
Grunoo - Vanadum
Hershey
WarnPix
Heong Oil
West Mid
Howe Snd
West UN
West Wsth&mm
Hupp Mtr
Woolwrt
Chicago
RYB
Portrait of Fall Disappears From Interior Corridor
Washington July 7 AP Interior department officials are mystified by the disappearance of an oil portrait of former Secretary Albert B. Fall. It hung with other former secretaries along the interior department building corridor. Recently pictures were moved and Fall's painting was lost in the shuffle.
MENTIONED IN THIS ARTICLE
Washington
Interior Department
Albert B. Fall
Fall
Requisitions for Killers at Raton
Santa Fe July 6 AP Gov Arthur Seligman signed requisitions for return from Denver of three suspects in the McMarr store robbery at Raton. One man was killed by a night watchman. The names are Louie Menfrow Tom Crouch and Carl Jocus.
MENTIONED IN THIS ARTICLE
Santa Fe
Arthur Seligman
Denver
McMarr
Raton
Louie Menfrow
Tom Crouch
Carl Jocus
Notable Deaths Reported Across Cities
The Associated Press lists recent passings including C. E K Kee aged 72 once general superintendent of the Boston and Maine railroad in Springfield Massachusetts. A H Walker aged 61 formerly general manager of Sterling Bank of Canada in Pasadena California. F W Bradley aged 79 prominent mining engineer and president of Alaska Juneau and Bunker Hill and Sullivan mining firms in Alta California. Charles Duncan labor member of the British House of Commons in London. Bob Armstrong aged 58 prominent black heavyweight fighter who battled Jeffries and Johnson in Chicago.
MENTIONED IN THIS ARTICLE
Associated Press
Springfield
Mass
C. Ek, Kee
Boston and Maine Railroad
Pasadena
Calif
A. H. Walker
Sterling Bank of Canada
Alta
F. W. Bradley
Alaska
Juneau
Bunker Hill, and
Sullivan
London
Charles Duncan
House of Commons
Chicago
Bob Armstrong
Jeffries
Johnson
Stock Averages and Weather Outlook for New Mexico
Stock averages listed with figures for today and previous day. The report notes unsettled weather tonight and Saturday in New Mexico with local showers and thunderstorms in the north Porton area and cooler temperatures in the extreme northeast portion.
MENTIONED IN THIS ARTICLE
New Mexico
Wahl and Sisk Charged with Pocket Theft in J P Court
Regie Wahl and Erskin Sisk face arraignment tomorrow morning in J P Court before Judge L L Johnson for allegedly stealing 290 dollars from the trousers of J W Coker while he slept Sunday night.
MENTIONED IN THIS ARTICLE
Regie Wahl
Erskin Sisk
J. W. Coker
J. P. Court
L. L. Johnson
Chalice of Antioch shown at World’s Fair exhibit
The Great Chalice of Antioch, possibly the Last Supper cup, is on display in the Hall of Religion at A Century of Progress in Chicago. Scholars date the vessel from rough 1st century, with some arguing a 4th century origin, and debate its tie to the Holy Grail and early Christian history.
MENTIONED IN THIS ARTICLE
Antioch
Chicago
Arthur B. Cook
Queen's College
Cambridge
England
Gustavus A. Hisen
Cook
A. T. Olmstead
American Oriental Society
New York
Paris
Leon Andre
Louvre
the Marne
Mies
New Ge
Fifth Avenue
Eisen
Jerusalem
Duke City Bank to be Refinanced
The federal farm credit administration approved a plan to refinance about 300000 in agricultural paper for the First National Bank of Albuquerque with a condition that other New Mexico banks be offered the same assistance. The plan, approved by Henry Morgenthau Jr., requires any aid to Albuquerque bank to be extended to banks statewide needing reorganizing help. The Gallup bank was invited to participate under the plan.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
Federal Farm Credit Administration
First National Bank of
Herman Oliphant
The
Credit Administration
W. A. Keleher
First National Bank
Henry Morgenthau, Jr
Keleher
John Bingham
State Bank Examiner
Credit
L. R. Goering
Gallup
Gallup Bank
Wisconsin
J. P. White Ships 50 Fat Steers to Markets
Five carloads of fat yearling steers from the J. P. White LFD farm were shipped last night, with three cars to Kansas City and two to Los Angeles. The 150 head averaged 900 pounds. 85 head remain to be shipped. White noted total cattle and sheep fed this year, and staff accompanied shipments to Kansas City and Los Angeles. Record Want-Ads urge farm loan listings.
MENTIONED IN THIS ARTICLE
J. P. White Lfd
Kansas City
Los Angeles
L FD
J. P. White Jr
J. P. White
H. H. McGee
J. White Jr
Clovis
Also Mentioned on This Page
Wall Street
Alum Co Am
Am Cyan B
Am For
P War
Amer G & E
Amer Sup Pow
Ark Nat Gas A
City Svc
Cons Cop Min
Cord Mtr
Cresson
Detroit Air
el B & S
Ford Ltd
Gulf Oj
Hecla Mining
Humble Oj
Niaz Hud
Newmont
Penn Road
Seiberling
Sha
Denn
Sheafe
SO Ind
Swift & Co
Texon
Trans Air
Unit Gas
Verde
Kansas City Livestock
Wits
Dells
Factor
the Dells
Dempster Road
Evanston
Jake
Barber Factor
Acme
Duke City Bank
Daily Record
Rosaiuell Daily
Hecorn
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