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Roswell Daily Record in Roswell, New Mexico

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

Jul 25, 1940

Page

2

Wall Street meanders amid war, politics and taxes on spec

Traders stayed cautious as a feeble early rally faded and markets oscillated with little follow through. Notable shares showed mixed gains and losses, while bonds and commodities remained uneven. Market turnover stood at 242,200 shares, with a broad spread of names reflecting uncertainty about the war and fiscal policy.

New York Santa Fe Anaconda Standard Oil N. J Texas Corp Spiegel Loft U. S. Steel Bombing Sperry Douglas Aircraft Great Northern Westinghouse Goodyear

Boston wool market sees uptick on defense demand

Boston July 25 There was more activity in the wool market as mill buyers showed increased inquiries in anticipation of new government defense purchases. Original long staple wools sold 83 to 85 cents, French combing lengths 80 to 83 cents, and shorter French combing clothing lengths 75 to 78 cents on a scoured basis.

New York Boston USDA

Chicago grain market closes with mixed futures

Chicago July 25 grain quotes show wheat and corn firming while oats edge higher. Wheat Sep 74 1/8 to 1/4, Dec 75 3/8 to 1/2, May 76 7/8 to 77. Corn Sep 61 1/8 to 1/4, Dec 57 7/8 to 58, May 60 1/4. Oats Sep 28 3/4, Dec 29 3/4, May 31 1/8.

Chicago

Armed Gunmen Kidnap Shanghai Industrialist Fong

Armed gunmen abducted Y. S. Fong a wealthy Chinese industrialist as he left his Internation al Settlement home. One bodyguard was severely wounded while trying to intervene. The motive remained unclear with speculation of a warning to Allman.

Shanghai Y. S. Fong International Settlement Fong Norwood F. Allman United Chemical Industries Allman

Spot cotton steady in Galveston market

In Galveston on July 25 spot cotton held steady with 5 up, mid dling at 9.90. No sales were recorded.

Galveston

Alston Opposes Pie Counter Government in NM

Seth Alston of Lovington entered the Republican gubernatorial race in New Mexico vowing no personalities in the contest against Maurice Miera of Santa Fe. He urged business government, rigid economy, and an end to waste and favoritism at the pie counter, planning to open headquarters in Albuquerque and call for an economical, constructive administration.

Albuquerque Seth Alston Lovington Maurice Miera Santa Fe Alston New Mexico

Spanish as Required Subject in New Mexico Schools

Governor Miles announced plans to make Spanish a required subject in New Mexico public schools as part of a broader effort to improve cultural and economic ties with Latin America. He called for an immediate survey by the state board of education and free Spanish textbooks when funding allows, aiming to position New Mexico as a leader in regional diplomacy and public service training. He also noted Republican unity and anticipated support for Wendell Willkie in the upcoming election.

Santa FE N. M Miles New Mexico Americas State Board of Education Republican Party Wendell Willkie Willkie United States

Cotton Market Report from New Orleans Trade Day

New Orleans spot cotton closed quiet with unchanged tone. Sales reached 151 bales as middling grade stood at 10.30 cents per pound.

New Orleans

Four Young Boys Cause Church Damage

Four young boys damaged the pastor’s study and did other damage in the church. Warnings had been given before about church vandalism. The Record will not publish the names of juvenile offenders.

Also Mentioned on This Page

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