Markets Close Mixed Amid Profit Taking And Dollar Slump
Stock markets opened heavy with brisk trading before easing to a calmer pace as offerings rose. Leaders like International Nickel and U.S. Steel held near gains while Nation al Distillers and Crown Cork fell 2 to 6 points. The dollar weakened to around 69 cents in gold terms, foreign exchanges firm, and a blanket industry code talked of under the new deal framework. Corporate loans rose, deposits and reserves increased, with government deposits falling and Fed borrowings down. Sterling rose to 4.821 2, French francs at 5.65 cents.
MENTIONED IN THIS ARTICLE
Wall Street
Dome
Alaska
Juneau
Canada
International Nickel
Internatornal
American Smelting
Kennecott
Anaconda
American Telephone
U.S. Steel
Union Pacific
National Distillers
American Commercial Alcohol
Crown Cork
Commercial
WU. S
Federal Reserve
Nks
Frances Etood
New York Stocks July 78 Rally to 1933 Highs
The July 78 market report shows strong gains across multiple sectors with notable advances. Prices rise to new 1933 highs as indices reach 192.1 26.9 112.3 and 96.9 amid volatile daily moves and renewed investor confidence.
Chicago Grain Market Close Report
Chicago grain and livestock prices for July 18 show wheat at July 1.14 7 8, September 1.17 5 8, December 1.20 7 8, May 1.25 1 4. corn July 63 7 8, September 69 3 4, December 74 5 8, May 80 1 8. oats July 47 3 4, September 48 3 8, December 51 1 4, May 54 1 4. KY grain futures show July no sales, September 1.05, December 1.10 7 8, May 1.15 3 4. barley September 85 7 8, December 90 3 4. lard July 7.90, September 8.20. bellies July 8.37, September 8.80.
MENTIONED IN THIS ARTICLE
Chicago Grain
Chicago
Uclose
KY Gts
New York curb quotes for several stocks and miners
AP report from New York on July 18 shows curb close figures across diverse sectors. Listings include Am Alum Co Am 86 Am Cyan B 13 7-8 Amer Ford War 12 1-8 Amer G & BE 44 5-8. Notable names: Humble 631 84 3-4 Libby Libby 6 1-4 Newmont 49 5-8 Tatt Gas 5 5-8 Unit P & 1.7 3-4.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
AdamEixp
T&t
al’ C&é&bye
Allis Cc
Amerada
Natcashaa
AmWiInPf
NatDary
Anaceond
Nat Dist
Anchor
Natp&l - Lg
Armin
Nctl
Armltib
Nynheh
At & SF
Nyontw
Aui Ref
Ntk West
AubAuto
NaAviat
Avia Cor
NorAmnat
Loco
Merarypl
Bal Nor Pac
Be&orail
Thio
Barnedl
Oi Beatric
O OwilllGl
Bendix A
Packard
Ton Alum
Borden
Penny JC
BuradMa
Penn RR
Cal Hee
PhelPsd
PhilPet
Pac
P Arrow A
Procomb
Ce&oraail
Pullman Chi Ri&p
Coleta
du Pont
Stearn
Chastman I
St Wbstr
FlauTilt
T&pac
Ikklecp&l
TexCorp
Texgsul
Erie RR
Fid
PFI Texpitr
Firet&r
Timkenb
Hershey
Warn Pix
Homstak
West “Mild
West Mid
Howe
West UN
HudMtr
West Air
Hupp Mtr
Wsth&Ém AZ
Tit Ct
Wodtwrt
Ing Cop
Vyeoltr&c
Isaath PR
CURB
Alum Co Am
Am Cyan B
Am Ford War
Amer G & BE
Amer Sup
Ark Nat Gas A
Assoc G & EF
Assoc G & EA
Brillo Mfg
City Svc
City
Penn Road
Séiberlinge
Tatt Gas
Tinit Verde
Unit P & 1
Kansas City Livestock Market Report Summary
Kansas City market dated July 18 shows 5000 head of cattle and 5000 sheep trading. Cattle and calves largely steady to higher with top steer price around 6.65 per cwt and range 6.40 to 6.85 for various weights. cows, vealers, and feeders noted with mixed gains. Lambs and yearlings strong to higher, top native lambs near 7.38 per cwt, and other sheep classes trading firmer or steady.
MENTIONED IN THIS ARTICLE
Kansas City Livestock
Kansas City
U. S. Dept
Wool sales in Boston steady at firm prices
In Boston on July 18, the AP reports wool sales are slow in fleece and territory lines. Graded combing 64s and finer wools sold at 78-79 cents per pound scoured basis, with French combing and territory wools at 77-78 cents. Some fleeces close at panaseel prices versus last week.
MENTIONED IN THIS ARTICLE
Boston
U. S& Dept. Agr
New York Cotton Moves Mixed With Nervous Trading
In New York on July 18, cotton eased from earlier highs amid realizing and scattered selling. December futures, after rising to 12.20, slipped to 12.00 with nervous, irregular activity. Late market steadied, net advances of 8 to 12 points, closing 8-15 higher.
MENTIONED IN THIS ARTICLE
New York
Galveston Cotton Prices Steady in Mid-July Market
Galveston Texas July 18 Spot cotton holds steady at 11.55 with unchanged mindling and sales reaching 519 units as market activity remains quiet.
MENTIONED IN THIS ARTICLE
Galveston
Texas
New Gold Strike in New Mexico
In Madrid near Albuquerque a miner turned prospector after a coal mine blast. Joe Stewart, on Orequay Peak, and former Madrid workers joined Mrs Tausch to strike a vein now assaying $90 to $200 per ton. The vein widened to 12 inches with several tons daily, sharing labor and profits among three miners.
MENTIONED IN THIS ARTICLE
Albuquerte
N. M
Tausch
Lamb
Madrid
San Pedro Mountains
Albuquerque
Joe Stewart
Orequay Peak
Stewart
Desert heat claims two travelers in California and Arizona
Blythe California July 18 AP a grocer on his first vacation in 20 years Steven Carevich 50 Redondo Beach Calif found dead on a rough trail between Blythe and Nil and after he and two friends abandoned their car in search of help. The second victim is 75 year old prospector Peter O Wiese whose body was found by a cowboy a month after his death in the desert.
MENTIONED IN THIS ARTICLE
Blythe
Calif
Arizona
Great American Desert
Steven
Carevich
Redondo Beach
Here
Niland
Peter O. Wiese
Byrd South Pole Ship on Display at Century of Progress
The City of New York auxiliary barque, used by Byrd on his Antarctic voyage and now docked at Chicago's Century of Progress, is shown as a floating museum. Exhibits include clothing, equipment, sledges, photographs, and a relief map, with guides recounting life at Little America and the hardships faced by seventy two explorers.
MENTIONED IN THIS ARTICLE
New York
Richard E. Byrd
Ogwe Barrier
Little America
Byrd
Alan Innes-Taylor
Charles Kessler
Arthur Berlin
George Tennant
Cook
South Pole
Kessler
Tennant
Admiral Byrd
North Pole
City of
Arendahl
Norway
Twenty-third Street Bridge
Great Lakes
Chicago
Bay of Wales
Antarctic
Mentad
Arctic
Wlerdikea Ace
Hutisics
Far Noth
Streets of Paris at a Century of Progress at Chicago
A lively World’s Fair feature from Chicago describes the Streets of Paris attraction at the Century of Progress. Sightseers flood in to a Parisian world of cafes, dancers, models, ball, and lanterns, with laughing crowds and booming whistles marking every moment.
MENTIONED IN THIS ARTICLE
Paris
Chicago
Unsettled Weather For Roswell And New Mexico
Unsettled tonight and Wednesday with possible local thunderstorms in the northwest. Scattered showers reported in central and southern mountain states and parts of the plains as a moderate low mood sits over the middle Grande valley. No significant temperature changes noted. Unsettled conditions expected tonight and Wednesday across the state. Cleve Hallenbeck, Official in charge.
MENTIONED IN THIS ARTICLE
Roswell
Fecos Valley
New Mexico
Grande Valley
Cleve Hallenbeck
Elks elects new Grand Exalted Ruler at convention
Milwaukee reports Walter F. Meier of Seattle Washington was chosen Grand Exalted Ruler by unanimous vote at the national Benevolent and Protective Order of Elks convention held today.
MENTIONED IN THIS ARTICLE
Milwaukee
Walter F. Meier
Seattle
Wash
Benevolent and Protective Order of Elks
Drive for More Agreements by Industry Drives Labor Action
Washington July 18 AP William Green president of the American Federation of Labor plans to demand investigations of discharges amid the shorter workweek. He cites instances of job loss contrary to codes meant to spread employment as the recovery administration accelerates wage rises and shorter hours. Johnson and aides press for preliminary wage-raising agreements in retail to gain immediate benefits for store, office, and factory workers as discussions on steel code and company unions unfold under federal supervision.
MENTIONED IN THIS ARTICLE
Washington
William Green
American Federation of Labor
Green
Thcre
Hugh S. Johnson
Johnson
Treasury report withdrawn for corrections
The daily treasury statement for July 15 was withdrawn soon after release and ordered killed. It was expected to be reissued shortly after minor corrections were completed.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Hagerman Visitors in Roswell for Business
Mr and Mrs JW Perry Mr and Mrs CG Howe and Dr and Mrs CA Wright of Hagerman along with Dr Allen Herald of Hobbs were seen in Roswell on business today.
MENTIONED IN THIS ARTICLE
Roswell
C. G. Howe
Hagerman
Allen Herald
Hobbs
State offices to receive full July funding in New Mexico
Santa Fe July 18 AP State Treasurer Clinton P Anderson announced that all state offices and institutions will receive full appropriations for July the first month of the new fiscal year He will confer with the finance board tomorrow to decide if the policy will continue Last year only 75 percent was allowed with $40000 cut from departments as budgets were trimmed this year due to reduced appropriations and a Governor requested a 10 percent cut The need for further cuts will depend on tax receipts
MENTIONED IN THIS ARTICLE
Santa Fe
Clinton P. Anderson
Anderson
Finance Board
Swims Through Whirlpool at Niagara Falls
William Kondrat, 18, swam the entire length of the Niagara River rapids and through the whirlpool to safety while attempting to reach the Canadian shore. The feat is said to be unmatched and has cost lives of others who tried the dangerous stretch near Niagara Falls, New York.
MENTIONED IN THIS ARTICLE
Niagara Falls
N. Y
Niagara River
William Kondrat
Also Mentioned on This Page
Pole
Mary Byrd Land
New Discovery
Harry
Montmarte
Cafe de la Paix
Red Mill
Lake Michigan
Seine
Grand Lodge Elks
White House
Niagara
Montgomery Ward & CO
Roswell, N. M
The
Daily Record
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