Wall Street Downturn Dampens Trading on June 1
Wall Street closed heavy after a dull session with losses of 1 to 3 points. Leading declines hit steels and major issues like U S Steel, General Motors, Bethlehem Steel, and American Telephone while several names posted new yearly lows. Grain prices slipped on forecast showers and miscellaneous commodities showed mixed moves.
MENTIONED IN THIS ARTICLE
New Yorks
U. S. Steel
Case
Sears Roebuck
General Motors
Johns-Manville
du Pont
Union Pacific
U. S. Steel Common
Bethlehem Steel
American Telephone
Western Union
American Can
Montgomery Ward
Chrysler
Corn Products
Santa Fe
N. Y. Central
U. S. Smelting
International
Nickel
United Aircraft
Celanese
American Smelting
Homestake
Agricultural market report from Kansas City
Hogs 5000, higher for heavy 200 Ibs up to 10, lighter weights down 25. Top 3.40 for 200-230 Ibs. Cattle 1009, calves 350, fed steers steady to slow, killing classes steady to 15 lower. steers 5.35 to 9.00, heifers 4.60 to 6.10, cows 3.00-75, milk fed wethers 2.50 to 5.00. Sheep 2500, lambs steady to 25 lower. native spring lambs top 9.50, fed shorn 7.76, yearling wethers 5.50 to 7.30, ewes 1.75 to 2.50.
MENTIONED IN THIS ARTICLE
Kansas City
Demand for territory wools dull in Boston market
In Boston on June 1, the US Dept Agr notes demand for territory wools remains extremely dull. Few sales were reported with prices holding steady from recent weeks. Notable deals include French combing 64s and finer territory wool at 80-82 cents scour. a small lot of 56s 3/8 blood territory wool at 79-81 cents.
MENTIONED IN THIS ARTICLE
Boston
US Dept Agr
Grain futures quotes from Chicago market page
AP reports Chicago price board shows Wheat for July at 1.02 1/8 and September at 1.02 3/4 with December 1.04 5/8. Corn July 59, September 61, December blank. Oats July 45 5/8, September 45 3/4, December 47 1/8. Rye July 65, September 66 1/2. Barley July 66 3/4, September 56 1/4. Lard July 6.52, September 6.80, December 6.85. Bellies July 8.65, September 3.37.
MENTIONED IN THIS ARTICLE
Chicago
Rye
Cotton futures rise as demand widens on scarce contracts
New York cotton demand grows with October at 2.60 above last Friday's low. July 22.64 65, October 11.87 88, December 11.99, January 12.04, March 13.14, May 12.23. Spot middling 11.80. Bond yields mixed as Liberty bonds and government issues trade. Galveston spot steady at 11.80, sales 200.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Western Connection
Stock Averages Report June 1 1934 Markets
Stock averages for June 1 show the indices at 84.1 and 42.7 with broad activity across Indus and utilities. The prior day figures listed include 86.4 for one index and 33.8 for another, with various components contributing to the mixed totals.
Memorial Day activities schedule and graduation plan
The notice outlines events for the American Legion Cup Yucca Cup and related competitions on June 4 including polo races and awards. It details a faculty reception, alumni luncheon, polo game against the Army Air Corps, a parade review, and ball. Graduation exercises are set for Tuesday at Lea Hall with 92 expected graduates and a speech by Dr. Campbell.
MENTIONED IN THIS ARTICLE
Aumni
N.M.M.L
Army Air Corps
Randiph Field
San Antonio
McKay Swimming
Will Purdy
Harry Morrison
Lea Hall
New York Curb Market figures note mixed oil and utility stocks
The AP reports scattered activity in New York curb shares with names such as Amn Cyan B, Am Gen P War, Gulf Oil, Humble Oil, Ford Met Ltd, Texan Oil, Unit Gas and City Service among others. Prices show small gains and losses across numerous issues with several commodities and utilities quoted in fractional terms.
MENTIONED IN THIS ARTICLE
New York
Curb
Associated Press
Alum Co Am
Amn
E Bons & Sh
Ford Met Ltd
Gulf Oil Pa
Humble Oil
Lib McN& L
Nia Hud Pow G
Penn Road
St Oil Ind
Texan Oil
Unit Gas
Unit & Pow A
Chevrolet
Fisher
New Orleans Cotton Prices Steady Up 30 Points
New Orleans says spot cotton is steady with a 30 point rise, sales total 419 bales. Middling grade stands at 11.76 cents per pound as of June 1. AP report from New Orleans.
MENTIONED IN THIS ARTICLE
New Orleans
Mexican lad steals $30 from Roswell woman home
A nine year old Mexican boy allegedly entered Mrs J E Zumwalt’s Roswell home at noon yesterday and stole $30 from a purse. Officers Denning and Edwards arrested him, recovered most of the money, and he is in parental custody awaiting probation officer Rev LeRoy Thompson’s return.
MENTIONED IN THIS ARTICLE
J. E. Zumwalt
Roswell DeMolay Leader Receives Legion of Honor
John Churchill Emmett of Roswell DeMolay is awarded the DeMolay Legion of Honor by the Grand Council in Kansas City Missouri. He becomes the fourth Roswell DeMolay to earn this honor joining Pee Corn B F Fields Jr. and James C. Rogers with the award to be conferred soon.
MENTIONED IN THIS ARTICLE
John Churchill Emmett
Roswell
Order of DeMolay
Grand Council
Kansas City
Missouri
Legion of Honor
John
Pee Corn
B. F. Fields Jr
James C. Rogers
University Students Return Home For Summer
Miss Gean Hurst, a student at State University at Albuquerque, arrived Tuesday afternoon to spend the summer at her Dexter home. Miss Dorthey Berry, also a university student, will be home the first of next week.
MENTIONED IN THIS ARTICLE
Gean Hurst
The
State University At
Albuquerque
Dexter
Dorthey Berry
Lindbergh Finally Speaks to Army Air Corps Panel
Washington May 31 Charles A Lindbergh appeared before the special committee surveying the Army Air Corps and delivered a statement of his views after twice refusing service and delaying acceptance of a testimony invitation.
MENTIONED IN THIS ARTICLE
Washington
Army Air Corps
Charles A. Lindbergh
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