Wall Street Mixed as Oils Rebound in Tepid Session
Wall Street and New York markets ended with an irregular close as oils resumed gains in late trading amid listless enthusiasm. Trading volume stood at 467,150 shares while cotton improved slightly and metals showed mixed moves, with Homestake up 14 points and U S Smelting up about 3. Industry leaders like Schenley and Sears Roebuck showed better tone, while Union Pacific and several rail groups slipped.
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Wall Street
New York
U.S
McIntyre
Dome
American Smelting
Cerro de Pasco
Howe Sound
Noranda
Standard Oil
California
Standard
New York Stocks Rebound After Close Trades Mixed
Stocks delivered a varied session with many industrials and rails posting fractional changes while technology shares showed modest gains. Major averages and a long list of named companies including Am Can Am For P AmMetal and U.S. Steel saw mixed results as traders weighedAlaska petroleum and regional demand against general market softness.
Chicago Grain Chicago June 7 Prices
grain futures quotes for wheat corn oats rye barley lard and bellies with July September and December contracts. Wheat tops at 97 1 2 for July while corn hits 55 3 4 for July and oats around 43 for July. Prices vary by contract and commodity.
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Chicago
RYB
New York Grain Futures Mostly Steady After Mixed Day
Ad vances gave way to narrow fluctuations in New York trading as damp weather and improving demand steadied prices. Futures closed steady with July at 12.03 and May at 12.63, while spot middling stood at 12.20 after a quiet session.
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New York
Market Report From Kansas City Livestock Prices
Kansas City market reported about 6 000 hogs mostly 10 higher with top 3.00 on choice 210-300 lbs, 2.50 to 3.00 for packing sows. Cattle and calves included 2 500 cattle and 500 calves with steers 5.25 to 9.00 for 550-1500 lbs, cows 2.75 to 3.50, vealers 2.00 to 5.00. Sheep offerings 3 000 with spring lambs around 25 cents lower and yearlings 50-75 off. lambs 8.25-60, yearling wethers 4.25 to 6.00, ewes 1.25 to 2.00.
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Kansas City
Jume
Ap-U
Wools Market Steady Despite Low Trade Activity
Prices for territory wools remain unchanged as market activity is light. Short staple Texas wool sold steady with greasy fall grades around 70 cents and scoured eight month Texas wool, both new and old clips, at about 80 cents.
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Boston
Texas
Bond market closes with mixed U S issues
U S Bonds in New York report shows Fourth 4 1/4s at 108.27 with quotes 33-38. Treas 4 1/4s 47-52 blank. Fed Farm Mtg 3 1/4s at 102.2. Home Owners Loan 4s at 101.18.
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U. S. Bonds
New York
Jaderry
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Fed Farm Mtg
Home Owners Loan
Cotton Prices Steady in Galveston Market
Galveston June 6 spot cotton remains steady at 10 points up. Mid grade cotton quoted at 12.20 per unit with 150 bales sold.
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Galveston
Tex
New Orleans Cotton Prices Steady in Early June Trade
New Orleans spot cotton closed steady with a modest rise of ten points. Sales totaled 1,512 bales as middling grade reached 12.18 cents per pound amid steady demand.
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New Orleans
Market Notes: AP Report on Oil and Industrial Stocks
The Associated Press lists closing figures for major stocks and commodities. Notable averages include Gulf Oil, Humble Oil, Newmont Mining, Texan Oil, and various utilities and transportation equities with fractional gains or losses.
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Associated Press
Man Cyan B
Amn G
Am Sup Pow
Ark Nat Gas A
Assoc G & E A
City Sve
City Sve Pf
Cresson Gold
usi-Mex
KE Bons & Sh
Ford Mot Ltd
Dillinger Gang Member Fatally Shot in Waterloo
Waterloo Iowa June 7 AP A man who claimed to be Tommy Carroll member of the Dillinger gang was shot five times by police as he reached for a pistol He is in a hospital and believed dying A girl with him was captured Detectives Emil Steffen and P E Walker identified him Carroll admitted his identity The woman declined to talk and provided no identification at the police station
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Tommy Carroll
Dillinger
Carroll
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U S Open GOLF CHAMPIONSHIP LEADS TIE AT MERION
Bobby Cruickshank of Richmond Virginia joins Charley Lacey of Great Neck and Wilfy Cox of Brooklyn in a three way tie for the lead after the first round at Merion. Each golfer posted a 71 one over par as the pace quickened late today.
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Merion Cricket Club
Philadelphia
Bobby Cruickshank
Richmond
Charley Lacey
Great Neck
L. L
Wilfy Cox
Brooklyn
Merion
Political jockeying for New Mexico governorship unfolds
See cutting continues a discussion on potential successors if Judge Otero resigns to run for governor. Possible appointment of District Attorney David Chavez is noted, while state chairman Ed Safford remains noncommittal. Party lines blur as Republicans analyze a Democratic stronghold and Democrats eye the election horizon.
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A. W. Hockenhull
Politicos
David Chavez
Ed Safford
Safford
Central Committee
Steel Strife Drives Labor Talks Amid nationwide unrest
The steel union presses for genuine collective bargaining while Johnson proposes a separate labor board. A looming steel strike intensifies violence in Cincinnati and Alabama mines as longshoremen signals a break. Remington Rand talks hinge on a New York conference. President Roosevelt faces pressure as Congress foreshadows a $525 million relief bill.
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Hugh S. Johnson
Alameda
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N. C
Waverly
New York
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N. Y
Syracuse
Alabama
Democrats Chase Fire in Opposition to Republicans
Critics say Democrats focus on attacking Republicans while handling their own concerns, while Republicans claim opposition is limited and envision political obstacles. The dispute centers on messaging and strategic aims amid ongoing partisan tensions.
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Wood
Drought relief boosts aid and measures across farming sector
Drought relief efforts expand farm programs with higher wheat payments, totaling an extra 3.5 million dollars, and expedite 30 million in benefit checks to farmers. Policies speed corn hogs aid, cut drought freight rates by up to 50 percent, deploy over 200 federal inspectors on cattle purchases, and extend relief work. Plans aim to buy 15 million bushels spring wheat and 40 million bushels of other grain.
Denver Woman Accused in Detective's Death
A Denver woman allegedly threatened to shoot Turner and fired twice when he fled. Turner fell and later died, with the suspect confessing claims attributed by Mack. She allegedly dumped the detective's weapon in the Platte river and drove Turner’s car back to Denver before her arrest following a farmer’s witness testimony.
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Mack
Denver
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Corn contract signees urged to begin planting now
The Agricultural Adjustment Administration says signers of corn hog contracts may start planting corn while final 1934 acreage quota checks continue. Some farms may see small adjustments, but farmers should not delay planting once their ground is ready. In some areas final adjustments will be completed before planting ends.
MENTIONED IN THIS ARTICLE
The
Agricultural Adjustment Administration
Farmers weigh planting plans amid possible acreage edits
Producers may plant most of their intended acreage now while awaiting local committee adjustments. If the full quota is planted, they should disk any area exceeding final figures. Early examinations show little difference between farmers and statisticians on most county figures. Farmers may delay breeding sows until local adjustments are clearer.
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