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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Jul 29, 1940
Page
5
In New York the market drifted after an initial rally led by steels and motors. Traders noted steel production at 90.4 percent capacity, a peak since December, with modest gains before prices pulled back. Copper demand supported sentiment while bonds and commodities steadied. wheat and corn rose slightly and cotton edged down.
Kansas City reports hogs, cattle, and lamb receipts with price ranges. Cattle trading slow, feeders strong midweek. hogs uneven, sow prices steady to lower. spring lambs weaker. Chicago markets show poultry prices steady to firm, butter and eggs with varied quotes, and grain futures for wheat corn oats. Curbs and bonds listed with selected bank and mortgage notes.
New York observers report Coney Island drew the largest crowd ever as 1.4 million visited to escape heat on a day when sand temperature hit 110 and city readings reached 93.4. Police Capt. Abraham Brodie said beachgoers barely found room on the sand. Overall beach turnout neared 3.2 million in the region, a new all time record.
Cotton futures closed modestly lower with October at 9.36, December 9.23, January 9.13, May 8.82, and July 8.64 as spot middling trades near 10.36. German sources say Havana’s Pan American conference resolution signals less reliance on England, while U.S. policy debates focus on military training and National Guard mobilization. In Santa Fe, six year old Benny Garcia died after a fall from a roof while retrieving a toy airplane, with doctors citing multiple injuries and pneumonia before his death.
Reports from travelers and letters sketch a grim view of occupied France with Paris better supplied while most other areas lack water and suffer bomb damage water systems in Lille Amiens Reims Beauvais Orleans destroyed by fighting and occupation. Rising prices and German purchases worsen living conditions across the wider zone.
Domestic wools showed moderate activity in Boston with prices generally steady to firm. Demand focused on finer territory wools in original bags at 83 to 85 cents scoured, and 80 to 83 cents for average French combing lengths, while low quarter blood grades remained in good demand.
The eastern half of the nation endured a blistering heat wave with a line of unsettled weather through upper Michigan into New Mexico and Arizona. About 650 deaths and drownings were attributed to the heat or its effects, with 321 heat fatalities and 337 drownings in an Associated Press tally. A ten year old, Emerick Salinger, suffered severe burns after touching rails in Harrisburg Pennsylvania.
St Michael's College applies for readmission to the New Mexico State High School Athletic Association after leaving last March to join the national Catholic basketball tournament in Chicago. R P Sweeney, association president, says board members are being polled on the request.
Willkie told reporters in Colorado Springs that only Democrats loyal to party machines would refrain from voting for him. He urged Democrats to back his platform over Roosevelt and Wilson principles, predicting rising southern support and noting his acceptance address is in preparation for August 17 at Elwood Indiana.
Reuters veteran correspondent Melville James Cox reportedly died after leaping from a Tokyo gendarmerie station window as Japanese authorities pressed espionage charges. Domei noted injuries from the fall and Cox's note hinted at concerns over his fate. His widow remained at the British embassy with Lady Craigie. Cox, a longtime Reuters reporter since 1901, had a long career in Tokyo.
M. T. Irwin and Bessie Evelyn De Temple both of Roswell secured a marriage license. Julian Jiminez and Herlinda Gonzalez Jiminez both of Roswell also obtained a license.
Kansas City July 29 The tenth district federal reserve bank reports corn and livestock prices generally strong and wheat loans supporting farm income in the area. wheat crop better than expected but corn prospects deteriorated by hot dry July. Retail trade up with warm weather, wholesale lower. flour and petroleum products and livestock slaughter down. public works expands. bank loans and deposits risen recently, investments little changed.
In Eastland Clyde Garrett faces district Judge Sam Russell in a runoff after preliminary results show Garrett 15271, Russell 13734, and former congressman Thomas L. Blanton 7206. Marvin Jones of Amarillo led for runoff to succeed him. Deskin Wells and Eugene Worley also led for runoff posts.
In New Orleans on July 29 spot cotton closed quiet with no change. Sales totaled 19 bales as middling grade traded at 10.30.
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